US STOCKS SNAPSHOT-S&P futures hit record as Pfizer says vaccine effective

Published 09/11/2020, 12:53
Updated 09/11/2020, 12:54
© Reuters.

Nov 9 (Reuters) - Futures tracking the S&P 500 hit a record
high on Monday after Pfizer said its experimental vaccine was
more than 90% effective in preventing COVID-19 based on initial
data from a large study.
Pfizer and German partner BioNTech SE BNTX.O are the first
drugmakers to show successful data from a large-scale clinical
trial of a coronavirus vaccine. The companies said they have so
far found no serious safety concerns and expect to seek U.S.
emergency use authorization later this month. At 06:47 a.m. ET, U.S. S&P 500 E-minis EScv1 were up
2.44%, hitting an all-time high of 3,586.25 points.
Dow E-minis 1YMcv1 were up 688 points, or 2.44% and Nasdaq
100 E-minis NQcv1 were up 256.25 points, or 2.12%.

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